Diesel continued its downward trend, declining 4.1 cents to $2.98 a gallon, the first time it has been below the $3 mark since March, the Department of Energy reported.
June 2, 2010Search
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Expeditors Sees Air, Ocean Tonnage Increase
Logistics firm Expeditors International of Washington said airfreight tonnage has risen 40% in the first three months of 2010 compared to last year, the Associated Press reported.
May 28, 2010Details of Plan to Raise Truck Fuel Economy Remain to Be Spelled Out, Observers Say
WASHINGTON — A week after President Obama announced that the federal government would be crafting the first-ever fuel economy standards for large trucks, observers said it was still unclear exactly what those standards would entail.
May 31, 2010Diesel Drops 7.3¢ to $3.021
The average retail price paid for a gallon of diesel dropped 7.3 cents to $3.021 last week, the Energy Department said, as the biggest one-week decline in nearly 18 months followed a recent slide in crude oil prices.
May 31, 2010Oil Takes Biggest Gain Since September
Oil rose almost $3 Wednesday to more than $71 a barrel — its biggest single-day gain since September — following several positive economic indicators, Bloomberg reported.
May 26, 2010Oil to Reach $108 a Barrel by 2020, DOE Predicts
Rising demand will push oil prices past $108 per barrel by 2020, the Department of Energy said.
May 25, 2010Gasoline Drops 9¢ in Past Two Weeks to $2.83 a Gallon
Regular gasoline’s national average price fell 9 cents in the past two weeks to $2.83 a gallon, according to the latest Lundberg Survey of fuel prices released Sunday.
May 24, 2010Diesel Drops 7.3¢ to $3.021
Diesel took its biggest drop in almost a year and a half, declining 7.3 cents to $3.021 a gallon, while gasoline also tumbled, the Department of Energy reported.
May 25, 2010Truckers Oppose Mandate for Biodiesel in Canada
Canadian truckers called on their federal government to junk its plan to implement a national 2% biodiesel mandate, saying that a government study found the cost of the mandate would be nearly five times greater than the benefit.
May 24, 2010Groups Urge Senators to Reconsider Plan to Use Fuel Fees for Nontransport Needs
More than two dozen transportation advocacy groups have asked the drafters of a Senate energy and climate bill to reconsider their legislation to allocate new revenue from transportation-based motor fuel fees to “activities entirely unrelated to improving the nation’s transportation infrastructure.â€
May 24, 2010